Mortgage Rates in Greenville, Texas — March 2026
Updated March 2026 | Based on Greenville market data and regional lending conditions
Greenville is a growing city in Texas with a population of 28,648. The current 30-year fixed mortgage rate in Greenville is 6.64%, which is 0.01% below the national average. With a median home price of $294,000 and a 20% down payment of $58,800, homebuyers can expect a monthly principal and interest payment of approximately $1,508.
Current Mortgage Rates in Greenville, TX
Below are the current average mortgage rates available in the Greenville area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.64% | 6.65% | -0.01% |
| 15-Year Fixed | 5.9% | 5.89% | +0.01% |
| 5/1 ARM | 6.18% | 6.15% | +0.03% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.89% | 6.85% | +0.04% |
Greenville Housing Market Overview
The Greenville housing market offers relatively affordable housing compared to many major cities. The median household income in Greenville is $61,300, and the cost of living index is 95.4 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $82,500 to comfortably afford the median-priced home in Greenville, which exceeds the current median household income.
Monthly Payment Breakdown for Greenville
Based on the median home price of $294,000 with 20% down ($58,800), here is what you can expect to pay monthly in Greenville:
15-Year vs. 30-Year Mortgage in Greenville
Choosing a 15-year mortgage in Greenville at 5.9% instead of a 30-year at 6.64% would save you $187,920 in total interest over the life of the loan. However, your monthly payment would be $1,972 instead of $1,508 — an increase of $464 per month.
Calculate Your Greenville Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Greenville
What are the current mortgage rates in Greenville, TX?
As of March 2026, the average 30-year fixed mortgage rate in Greenville, Texas is 6.64%, while the 15-year fixed rate is 5.9%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.01% below the national average of 6.65%.
How much is a monthly mortgage payment in Greenville?
Based on the median home price of $294,000 with 20% down, the estimated monthly mortgage payment in Greenville is $1,508 for principal and interest. Including property taxes of $417/month, the total monthly housing cost is approximately $1,925.
What income do I need to buy a home in Greenville?
Using the 28% rule, you would need an annual income of approximately $82,500 to afford the median-priced home in Greenville at $294,000. The median household income in Greenville is $61,300. This means most households would need to either earn above the median or consider homes below $294,000.
Is Greenville a good place to buy a home in 2026?
Greenville offers a below-average cost of living with a cost of living index of 95.4 (national average = 100). The property tax rate in Texas is 1.7%, which is above the national average. Greenville has a population of 28,648 and offers a balanced lifestyle.
Mortgage Rates in Other Texas Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Greenville, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.